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Home > Back to Category > Report Information
Gas Exporting Countries Forum - An Overview
Datamonitor
July 6, 2005
39 Pages - Pub ID: DFMN1152725
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Introduction
The Gas Exporting Countries Forum (GECF) is an informally structured group of some of the world's leading gas producers aimed at representing and promoting their mutual interests. Collectively the GECF controls 73% of the world's gas reserves and 41% of production. This collective strength has lead to concerns by gas importers that the GECF has the potential to evolve into a gas version of OPEC.
Scope
The report includes an analysis of the key issues arising form each of the GECF's five annual ministerial meetings
The collective strength and market control of the GECF is analysed in the context of its changing membership structure
The differing and divergent agendas and motivations of individual GECF members are highlighted
Highlights
Membership has fluctuated since the GECF's formation in 2001 and currently consists of Algeria, Bolivia, Brunei, Egypt, Indonesia, Iran, Libya, Malaysia, Nigeria, Norway (as an observer), Oman, Qatar, Russia, Trinidad & Tobago, the UAE and Venezuela. Together these countries account for 73% of global gas reserves and 41% of production.
Despite being united by a common role as gas producers, the GECF members have very different agendas. So far these differences have presented little problem other than occasionally diverging rhetoric, though potential exists for more significant and divisive differences of opinion if the GECF evolves into a more structured organisation.
Reasons to Purchase
Gain an insight into the key issues arising from each GECF meeting
Analyse the potential for the GECF to cartelise the global gas market
Obtain an overview of the differing motivations and agendas of the GECF members
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